Overview of 2019 financials
You may recall that we committed to a growth-oriented approach to boost revenues in our 2019 budget. We created a budget in which we expected to spend about $35,000 more than our projected revenue from all sources (our plan was to address this shortfall by using surpluses from prior years). We are thrilled upon an initial review of our year end financials (they have not yet been presented to our Finance Committee) that our revenues actually exceeded our expenses. We had an outstanding December as year- end campaign and Christmas Eve service both exceeded our goals, while staff vacancies resulted in lower expenses. We thank you for your generous support throughout the year.
We are continuing to track attendance and offerings: we will continue to focus on trying to get more individuals to commit to automating their offering via a regular credit card or bank account deduction. People who do this are known as “sustainers” and truly offer our church the stability to plan and strategize based on meaningful revenue projections.
Creation of the “Engagement Committee”, replacing the “Fund Development Committee”
Bentley Springer and Lisa Chinnery have continued to update the Board as they develop and fine-tune their proposal to identify improved methods to engage our congregation, the broader community, and our social justice allies and collaborators. They are developing a Statement of Purpose, timelines, and Key Performance Indicators – tentatively focused on attendance, volunteer hours, and financial support.
Their goal is examining how we can improve our congregational communications, engagement, recognition and commitment to sharing our gifts of time, talents and financial resources.
We are in the interview stage of our search for the Pastor of Programs and Pastoral Care. Program expansion is limited until this position is filled. In the meantime, the Young Adults at MCC Toronto (YAMs) is meeting monthly, another Membership class will be held Feb. 9, and book and Bible studies are planned. Our beloved, aged building is in an almost continuous state of repairs: the church steeple was repaired but we are working with contractors regarding some leaks. There has been flooding in the old Sunday school room in the basement and Mark is working on flood mitigation plan. We are pleased that we have had new carpeting installed in our collaborative workspace on the second floor.
New pew pocket materials are being printed. We are also looking to redevelop our website by early summer.
Jeff has been building bridges on a number of fronts: a letter to Bardish Chagger, Minister of Diversity, Inclusion and Youth, engaging in quiet conversations with several Conservative party members about being more LGBTQ2+ positive, continuing partnership with the Centre for Israeli Jewish Affairs, co-signing an online hate Op Ed letter to David Lametti, Minister of Justice, and serving on the Board of CANFAR ( Canadian Foundation for AIDS Research).
Remember that your Board represents and is responsible to you, the congregation. If you have questions or concerns you can contact us via a confidential email at email@example.com.
Chair, Governance Committee
Co-Vice Moderator of the Board